Gist of G-20 chair statement on meeting of finance chiefs

© Kyodo News

The following is the gist of a press release issued by Indonesia, chair of the Group of 20 major economies, following a meeting of their finance chiefs in Washington on Wednesday.

G-20 members:

-- are deeply concerned about the humanitarian crisis and the economic impact of the war in Ukraine.

-- shared the view that the war and related actions will hinder the global economic recovery.

-- underlined the crucial role of the G-20 as the premier forum for international economic cooperation.

-- expressed concerns about the wider and persistent inflationary pressures.

Indonesia says:

-- presidency has an obligation to invite all G-20 members to attend meetings.